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BIS Chief Says Stablecoins Not Credible for Payments at Scale

News | 2026/08/29 08:01

BIS Chief Says Stablecoins Not Credible for Payments at Scale

BIS Chief believes stablecoins do not meet payment requirements

The head of the Bank for International Settlements (BIS) stated that stablecoins cannot be credible for payments at scale. He emphasized that the use of stablecoins does not meet the requirements of the financial system.

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